Japan And Europe Tank, But US Pointing Higher

Can American markets shake off last week’s gloom, a plunge in Japan, and sliding European markets? They might.

After falling initially by nearly 3%, Japan’s Nikkei recovered a little ground, ending only down 2.3%.

Shares across Europe are drifting lower on news that RBS (RBS) will be forced by regulators to shed more assets. That stock is down a big 7%.

But China was up big on the back of good manufacturing numbers and, surprise-surprise, US futures are actually perking higher this morning.

From Bloomberg, here’s a look at where we stand with nearly 4 hours to go until the bell rings.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.